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Showing posts from September, 2018
Bitcoin Trading Journal 19/9/2018
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BTC Weekly: inside bar to note. Break of this range will dictate momentum into oct. 6750 is still the mid point that we are looking for for the equilibrium to tighten up. If we stay below that level and drop further, bears in much more control. R:6596.5 S:6170 Daily: HL still intact and respecting the uptrend line well with perfect rejections to downside from it. If looking for a bottom fishing play can enter 6250 range with stop at 6200. Judging from past month, am expecting a retest of that line again in the next few days. Signal will be the break of the inside bar range and how the bear volume comes into play. R:6384 S:6228.1 With the size of the bounce, expecting equi pattern to form instead of bear flag. We will know that the LH is formed with loss of 1hr HL pattern. Still not sure if LH is set, depends on break of 4hr inside bar. 4hr: There is inside bars here too, the break will show the way on the daily. Earlier signals for aggressive entries. R6375.1 S:6...